Stocks to watch at close on Tuesday

STOCKS to watch on the Australian stock exchange at close on Tuesday:

ELD - ELDERS - down 0.5 cents, 4.6 per cent, at 10.5 cents

Agribusiness Elders is investigating discrepancies surrounding the valuation of cattle designated for export.

FXJ - FAIRFAX MEDIA - up 1.0 cent, or 1.9 per cent, at 54.5 cents

Fairfax Media will cut 45 jobs through the merger of business reporting across three newspapers and the closure of high-gloss magazine inserts.

LEI - LEIGHTON HOLDINGS - up 21 cents, or 1.1 per cent, at $19.46

Construction giant Leighton has won a $370 million contract to build a new terminal and car park at Melbourne Airport.

POS - POSEIDON NICKEL - down 3.5 cents, or 24.1 per cent, at 11 cents

Billionaire miner Andrew Forrest has given Poseidon Nickel a further 12 months to repay an $8 million loan, as a close ally replaces him at the company.

TCL - TRANSURBAN - up 2.0 cents, or 0.3 per cent, at $6.82

Toll road owner Transurban is issuing its first euro-denominated debt in a move to diversify its funding sources.

VAH - VIRGIN AUSTRALIA HOLDINGS - down 0.5 cents, or 1.2 per cent, at 42.5 cents

Tigerair Australia has hired British defence and aerospace giant BAE Systems to provide maintenance services for its fleet of A320 aircraft.

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